Toronto-based gold and antimony producer founded in 1997, operating the Costerfield mine in Australia and the Björkdal mine in Sweden.
Founded in 1997 in Toronto, Canada, Mandalay Resources Corporation mines and produces gold and antimony from the Costerfield gold-antimony mine in Australia and the Björkdal gold mine in Sweden. Gold is sold for jewelry and investment, and antimony for flame retardants, lead-acid batteries and electronics. Sales are bulk B2B contracts with industrial manufacturers and financial institutions in North America, Europe and Asia. Plinian Capital acquired the company as of September 2011, with undisclosed terms, and Frazer Bourchier is CEO.
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